1550 NE Ocean Boulevard, #A201, Stuart, FL, 34996 | $525,000

Don’t miss this rarely available 3-bedroom, 3-bath condo in the coveted Hutchinson House! Enjoy Indian River views from your spacious screened balcony. Inside, you’ll find a fully furnished unit with wood-look tile floors in the main living areas, a bright kitchen with white cabinetry, custom Murphy Bed built-ins, updated primary bath & full size washer/dryer all under a new roof. Boaters will love the deeded dock slip (#42) accommodating up to 25ft boat. Hutchinson House is pet-friendly, allowing 2 large pets and investment friendly, permitting 30 day rentals from first day of ownership. Amenities include elevator, community marina, Ocean and River clubhouses, 2 swimming pools, tennis courts, pickle ball, BBQ grill & private beach access. Explore downtown Stuart and Jensen Beach for fine dining options, designer shops, The Lyric Theatre, museums and so much more!

Features

  • Heating: Central,Electric
  • Cooling: Central Air,Ceiling Fan(s)
  • Levels: 3
  • Amenities: Elevator(s)Boat Facilities,Clubhouse,Dock,Elevator,Marina,Non-Gated,Property Manager On-Site,Pool,Storage Facilities,Tennis Court(s)
  • Bedrooms: 3
  • Baths: 3 full
  • Complex: Hutchinson House West Condo
  • Year Built: 1977
  • Common Charge: $1,827
  • Approx Sq. Feet: 1,623
  • Est. Taxes: $7,650
  • Water Front: Yes
  • Pets Allowed: Yes
  • Pet Policy: Number Limit,Yes
  • Appliances: Some Electric Appliances,Dryer,Dishwasher,Electric Range,Disposal,Refrigerator,Water Heater,Washer
  • MLS#: M20048248
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /prop/M20048248/1550neoceanboulevard_stuart_fl?source=qrflyer
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Listing courtesy of RE/MAX of Stuart

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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1550 NE Ocean Boulevard, #A201, Stuart, FL, 34996

$525,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $420,000 $420,000 $420,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 7.000% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.330% 7.182% 6.412%
Monthly Tax Payment $638 $638 $638
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,794 $2,794 $3,573
Total Monthly Payment $3,524 $3,524 $4,303

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.